News
Insurers rank regulatory changes, geopolitics as top risks
APAC insurers anticipate high inflation and strong economic resilience.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
Renewable energy insurance market to hit $23b by 2028
The market will reach $18b in 2024.
Allianz Life launches multi-claim critical illness coverage
It offers up to 320% of the insured amount.
Allianz Australia's capital adequacy to remain strong
Thanks to removal of certain non-life liability adjustments, deferred acquisition cost deductions.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
Specialist Risk Group expands to Asia, sets base in Singapore
A non-executive director has been appointed.
Sumitomo Life new plan covers despicable contact lenses
The policy provides a one-time payout of $33.40.
Milton’s $50b losses won't impact rated insurers: Fitch Ratings
This will bring 2024’s total global insured losses to over $100b.
MediShield Life to hike premiums, claim limits, and coverage by 2025
The government will provide $4.1b for these enhancements.
Malaysian general insurance association welcomes new CEO
He will succeed Julie Lean Gim Chong.
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
Taishin, Shin Kong approve merger
This creates Taiwan's fourth-largest financial firm
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
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Industry experts push for the rapid progress of unified customer data as a starting point.
